Days on Market Whether you’ve done a lot of research on the real estate market or you’ve sold a home before, you may be aware that there can be a lot of trepidation around how long your house remains up for sale. If you’re concerned about your home’s market potential, here’s what you need to […]
Memphis home sales for July up from last year
The Memphis Area Association of Realtors has released MLS sales results for July, 2011 and year-to-date. 987 Units were sold in July, a 21% increase from 2010. Average sale price and median sales price also rose. Year-to-date unit sales still lag 8% behind 2010 with a total of 6,417 units sold so far. The sales […]
Midtown price and days on market rollercoaster
A couple of interesting charts from Altos Research looking at changes in Median Sales Price (darker line, indexed in the left column) and Average Days on the Market (orange line, indexed by days in the right column), for the prominent Midtown Memphis zips, 38104 and 38112 Well, we can say that days on the market […]